Pharma Deals Review, Vol 2011, No 4 (2011)

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Abbott Becomes Seattle Genetics’ Latest Antibody-Drug Conjugate Collaborator

Heather Cartwright

Abstract


Seattle Genetics has added Abbott to its list of collaborators for its antibody-drug conjugate (ADC) technology. Abbott will pay US$8 M upfront to utilise Seattle Genetics’ ADC technology with antibodies to a single oncology target. Seattle Genetics could also receive up to approximately US$200 M in milestones and royalties on global net sales of any ADC products that result from the collaboration.



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